Key Development

The company has received a license from the Directorate of Industries Safety & Health for the commencement of operations of its factory situated at Lodha Industrial and Logistic Park II (LILP II), Village Nahren, Taluka Ambernath, District Thane, Maharashtra.

License Details

  • Purpose: Authorizes the company to manufacture petroleum specialty products specified in the license
  • Validity Period: The license is valid until June 29, 2035
  • Regulatory Authority: Directorate of Industries Safety & Health
  • Location: Lodha Industrial and Logistic Park II (LILP II), Village Nahren, Taluka Ambernath, District Thane, Maharashtra

Impact Assessment

  • Immediate Monetary Impact: None disclosed
  • Operational Impact: The license facilitates the commencement of operations of the factory
  • Penalty: Not applicable (N.A.)
  • Corrective Actions: Not applicable (N.A.)